UK-based insurance provider LV and financial advisory business Openwork have joined the Chartered Insurance Institute’s (CII) Insuring Women’s Future campaign to empower female clients.
The two companies are the latest additions to the already 19-strong group of insurers which have committed to the ‘financial flexible working’ and ‘inclusive customer financial lives’ pledges.
The firms are committing to help their colleagues understand and manage the long-term financial implications of flexible working, as well as helping customers understand the impact of their life circumstances, the CII said.
Mark Hartigan, chief executive of LV, said: “We are committed to action and bringing these pledges alive. We will focus on activity where the most impact can be made to benefit the long-term financial futures for everyone.”
Claire Oldstein, chief marketing officer at Openwork, said: “We are happy to offer our support to this initiative, as we work towards meeting holistic needs of customers.”
Add value to business
Sian Fisher, chief executive of the CII, said: “I am pleased to see the number of companies signing up to the Insuring Women’s Futures pledges continuing to grow.
“It is vital that the insurance and personal finance profession works to ensure that at every customer interaction point we adopt an inclusive ‘whole customer’ approach to help them consider the impact of their life circumstances, to empower them to achieve a positive outcome.
“To improve diversity and inclusion in our profession, it is important that we work to ensure that at every point where our employees make a change to their working arrangements, they are prompted to consider the immediate and longer-term financial implications of this change.
“I encourage any insurance or personal finance employers to consider how joining this growing group of companies that have committed to the Insuring Women’s Futures pledges will add value to their business and support their colleagues and customers.”
